J&K BANK | AXIS BANK | J&K BANK/ AXIS BANK |
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P/E (TTM) | x | 5.1 | 12.6 | 40.6% | View Chart |
P/BV | x | 0.9 | 2.3 | 37.8% | View Chart |
Dividend Yield | % | 2.3 | 0.1 | 2,595.0% |
J&K BANK AXIS BANK |
EQUITY SHARE DATA | |||||
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J&K BANK Mar-24 |
AXIS BANK Mar-24 |
J&K BANK/ AXIS BANK |
5-Yr Chart Click to enlarge
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High | Rs | 152 | 1,152 | 13.2% | |
Low | Rs | 48 | 844 | 5.7% | |
Income per share (Unadj.) | Rs | 101.8 | 365.3 | 27.9% | |
Earnings per share (Unadj.) | Rs | 16.1 | 85.5 | 18.8% | |
Cash flow per share (Unadj.) | Rs | 51.2 | 192.6 | 26.6% | |
Dividends per share (Unadj.) | Rs | 2.15 | 1.00 | 215.0% | |
Avg Dividend yield | % | 2.1 | 0.1 | 2,135.9% | |
Book value per share (Unadj.) | Rs | 110.7 | 505.8 | 21.9% | |
Shares outstanding (eoy) | m | 1,101.18 | 3,086.57 | 35.7% | |
Bonus / Rights / Conversions | 0 | 0 | - | ||
Avg Price / Income ratio | x | 1.0 | 2.7 | 36.1% | |
Avg P/E ratio | x | 6.2 | 11.7 | 53.5% | |
Avg P/CF ratio | x | 4.8 | 7.8 | 61.9% | |
Avg Price/Bookvalue ratio | x | 0.9 | 2.0 | 46.0% | |
Dividend payout | % | 13.4 | 1.2 | 1,142.7% | |
Avg Mkt Cap | Rs m | 110,597 | 3,079,703 | 3.6% | |
No. of employees | `000 | NA | NA | - | |
Total wages & salary | Rs m | 25,790 | 121,937 | 21.2% | |
Avg. income/employee | Rs Th | 0 | 0 | - | |
Avg. wages/employee | Rs Th | 0 | 0 | - | |
Avg. net profit/employee | Rs Th | 0 | 0 | - |
INCOME DATA | |||||
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Interest income | Rs m | 112,132 | 1,127,591 | 9.9% | |
Other income | Rs m | 8,377 | 252,303 | 3.3% | |
Interest expense | Rs m | 60,079 | 613,907 | 9.8% | |
Net interest income | Rs m | 52,053 | 513,683 | 10.1% | |
Operating expense | Rs m | 37,626 | 372,426 | 10.1% | |
Gross profit | Rs m | 14,427 | 141,258 | 10.2% | |
Gross profit margin | % | 12.9 | 12.5 | 102.7% | |
Provisions/contingencies | Rs m | 5,105 | 129,325 | 3.9% | |
Profit before tax | Rs m | 23,881 | 351,780 | 6.8% | |
Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
Minority Interest | Rs m | 0 | -1,061 | -0.0% | |
Prior Period Items | Rs m | 13 | 687 | 1.9% | |
Tax | Rs m | 6,182 | 87,545 | 7.1% | |
Profit after tax | Rs m | 17,712 | 263,862 | 6.7% | |
Net profit margin | % | 15.8 | 23.4 | 67.5% |
BALANCE SHEET DATA | |||||
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Advances | Rs m | 937,566 | 9,993,335 | 9.4% | |
Deposits | Rs m | 1,347,632 | 10,671,024 | 12.6% | |
Credit/Deposit ratio | x | 69.6 | 93.6 | 74.3% | |
Yield on advances | % | 9.2 | 9.0 | 101.6% | |
Cost of deposits | % | 4.2 | 4.3 | 98.9% | |
Net Interest Margin | % | 4.0 | 3.9 | 104.9% | |
Net fixed assets | Rs m | 22,083 | 55,707 | 39.6% | |
Share capital | Rs m | 1,101 | 6,173 | 17.8% | |
Free reserves | Rs m | 120,826 | 1,555,117 | 7.8% | |
Net worth | Rs m | 121,927 | 1,561,290 | 7.8% | |
Borrowings | Rs m | 28,850 | 2,281,996 | 1.3% | |
Investments | Rs m | 349,002 | 3,323,537 | 10.5% | |
Total assets | Rs m | 1,545,046 | 15,182,385 | 10.2% | |
Debt/equity ratio | x | 11.3 | 8.3 | 136.1% | |
Return on assets | % | 1.1 | 1.7 | 66.0% | |
Return on equity | % | 14.5 | 16.9 | 86.0% | |
Capital adequacy ratio | % | 15.4 | 16.6 | 92.7% | |
Net NPAs | % | 0.8 | 0.3 | 232.4% |
CASH FLOW | |||||
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From Operations | Rs m | -8,526 | -55,547 | 15.3% | |
From Investments | Rs m | -2,573 | -90,882 | 2.8% | |
From Financial Activity | Rs m | 4,074 | 223,413 | 1.8% | |
Net Cashflow | Rs m | -7,024 | 77,853 | -9.0% |
Indian Promoters | % | 59.4 | 8.3 | 716.5% | |
Foreign collaborators | % | 0.0 | 0.0 | - | |
Indian inst/Mut Fund | % | 12.9 | 85.0 | 15.1% | |
FIIs | % | 6.5 | 51.8 | 12.5% | |
ADR/GDR | % | 0.0 | 0.0 | - | |
Free float | % | 40.6 | 91.7 | 44.3% | |
Shareholders | 278,050 | 828,629 | 33.6% | ||
Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare J&K BANK With: HDFC BANK SBI ICICI BANK KOTAK MAHINDRA BANK PNB
No comparison is complete without understanding how the stock prices have performed over a period of time.
Here's a brief comparison:
Period | J&K Bank | Axis Bank | S&P BSE BANKEX |
---|---|---|---|
1-Day | 0.26% | 0.34% | 1.61% |
1-Month | 3.84% | -2.79% | -0.07% |
1-Year | -14.22% | 14.51% | 18.92% |
3-Year CAGR | 34.47% | 18.54% | 11.26% |
5-Year CAGR | 23.81% | 9.32% | 10.62% |
* Compound Annual Growth Rate
Here are more details on the J&K Bank share price and the Axis Bank share price.
Moving on to shareholding structures...
The promoters of J&K Bank hold a 59.4% stake in the company. In case of Axis Bank the stake stands at 8.3%.
To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of J&K Bank and the shareholding pattern of Axis Bank.
Finally, a word on dividends...
In the most recent financial year, J&K Bank paid a dividend of Rs 2.2 per share. This amounted to a Dividend Payout ratio of 13.4%.
Axis Bank paid Rs 1.0, and its dividend payout ratio stood at 1.2%.
You may visit here to review the dividend history of J&K Bank, and the dividend history of Axis Bank.
For a sector overview, read our banking sector report.
After opening the day higher, Indian benchmark indices remained positive as the session progressed and ended the day on firm footing.